Bid_Bond_JOC_2701-2706_-_General_Construction.pdf
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- Solicitation number
- 2027-RFP-00112
- Issued by
- San Mateo County, San Bernardino City, California
About this file
Bid Bond for General Construction Job Order Contracts
This is a bid bond form for San Mateo County's General Construction Job Order Contracts (JOC 2701, 2702, 2703, 2704, 2705, and 2706), requiring bidders to secure the bond prior to submission. The bond guarantees that if a bidder's proposal is accepted, the bidder will execute the contract agreement and deliver all required performance and payment bonds in accordance with the contract documents. The bond protects the County by ensuring that the selected contractor fulfills its obligation to enter into the formal contract. The form is designed for completion by the principal (bidder), surety (bonding company), and their respective authorized representatives, with spaces for corporate seals, dates, and premium calculations to be filled in at the time of execution. The bond amount must be specified and remains in force unless the bid is rejected or the contractor fully performs all contractual obligations.
The bid bond functions as a security mechanism in the procurement process for up to six Class B licensed general contractors who will provide construction services across San Mateo County facilities under separate one-year agreements with a combined fiscal obligation not exceeding $6.0 million per contractor. Contractors selected as the apparent lowest, responsive, and responsible bidder for each successive JOC are excluded from consideration for subsequent contracts. The surety waives notice of any extension of the bid acceptance period and acknowledges that the bond obligation is not affected by such extensions. Premium rates and total premium charges are to be determined and completed by the corporate surety at the time the bond is issued.
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Text version
BID BOND
JOC 2701, 2702, 2703, 2704, 2705 and 2706
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, , as Principal and
, as Surety, are hereby held and firmly bound unto the County of San Mateo in the State of California, as represented by the County Board of Supervisors, hereinafter called the "Owner" in the sum of
_____________________________________________ Dollars
($_________________) for payment of which sum, well and truly to be made, we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns.
The condition of the above obligation is such that, whereas the Principal has submitted to the Owner a certain Bid, attached hereto and hereby made a part hereof, to enter into a contract in writing for Job Order Contract for General Construction at various County of San Mateo owned facilities for Project No. JOC 2701, JOC 2702, JOC 2703, JOC 2704, JOC 2705 and JOC 2706 in strict accordance with contract documents.
NOW, THEREFORE,
a. If said Bid shall be rejected, or, in alternate
b. If said Bid shall be accepted and the Principal shall execute and deliver a contract in the Form of Agreement attached hereto and shall execute and deliver Performance and Payment Bonds in the Forms attached hereto (all properly completed in accordance with said Bid), and shall in all other respects perform the agreement created by the Acceptance of said Bid.
Then, this obligation shall be void; otherwise, the same shall remain in force and effect, it being expressly understood and agreed that the liability of the Surety for any and all default of the Principal hereunder shall be the amount of this obligation as herein stated.
The Surety, for value received, hereby stipulates and agrees that the obligation of said Surety and its bond shall be in no way affected or impaired by any extension of the time within which the Owner may accept such Bid, and said Surety does hereby waive notice of such extension.
IN WITNESS WHEREOF, the above-bounden parties have executed this instrument under their several seals this day of , 20 , the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
In presence of:
(Individual Principal) (Seal)
(Business Address)
Attest: ____________________________ (Corporate Principal)
(Business Address
(Affix By__________________________ Corporate Seal)
Attest: ____________________________ (Corporate Surety)
(Business Address)
(Affix By__________________________ Corporate Seal)
The rate or premium on this bond is per thousand.
Total amount of premium charge, $ (The above must be filled in by Corporate Surety.)
File details come from the government source that posted it. Updated .